Archive for the ‘Financial Services’ Category

Surprise! Incomes of the Rich Are More Volatile

Posted by Lauren Proctor on October 1, 2009

Michael Moore and others on the far left correctly point out that the wealthy captured the bulk of the economic benefits during the boom times. (Wall Street Journal)

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The Rich Expect to Get Richer Next Year

Posted by Lauren Proctor on September 24, 2009

Nearly 80% of the world’s wealthy expect to grow their wealth in 2010, according to new research revealing remarkable confidence among the world’s wealthy. (Wealth Bulletin)

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Hottest Luxury Stock: Coach Tops Poll

Posted by Lauren Proctor on September 22, 2009

A luxury recovery may be lagging the rest of the retail sector, but investors still think Coach(COH Quote) is a winner. (TheStreet.com)

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Fed Makes $14bn Profit on Crisis Loans

Posted by Lauren Proctor on August 31, 2009

The Federal Reserve has made a $14bn profit on loan programmes that provided hundreds of billions of dollars in liquidity to the financial system since the start of the crisis two years ago, according to Fed officials. (Financial Times)

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